Zhou -- totally agree. Their record of blowing earnings is impressive. Given the doubts about this acquisition, another huge disappointment wouldn't go over well
Seems to suggest the real information point takes place the end of November when the complete study results are out. Zacks suggests the positive bias in wound closure in the sham arm might be because of smaller wound size. If that 'signal' is systematic, and its effect statistically predicted, then one wonders how big an impact that will have on the adjustment of the final results for these biases.
Avi - you lost your #$%$ on this IPO five years ago. Who controls SANW today? Not the same people. Not even the same company. Pioneer seeds a subsidiary of who?? effectively controls the future of this company for the next few years. Do your own DD on last year's purchase if you want the details.
Giga factory doesn't come on line for a couple of years. I believe synthetic graphite is what he currently uses in his batteries (petroleum based), but that is inferior to natural, large flake graphite. As for grapheme, I would guess that might be tied to aerospace/material composites, as one of its initial large uses. The demand for large flake (as opposed to amorphous) graphite is projected to grow significantly. In the US there is only one high-quality, large flake deposit, and that is the one this company is trying to develop. China has ~ 70% of the market. Canada, Mozambique and a few other sites are around as well. Many of the better sites are in politically unstable locations.
Adrian, did you catch the language that if the results aren't good, then they will sell the rights to the product and move on. It doesn't seem to be a settled matter yet, even within the company by the people who should be in the know. It appears they actually haven't determined if the results are 'good enough' at this point.
Avi wins this round. Make no mistake... When the consensus was 8 cents a share and you come in at 5 cents, then that is a significant miss. When you lead your report with margin expansion and QoQ comparisons, and get to the earnings per share towards the middle of the announcement... Just saying it wasn't good.
They botched the operations transition: unexpected costs, unexpected liabilities, and etc. Did they explain how they will fix this going forward?
We haven't met the conditions for whatever deal management says they are working on. All they told us is that release of top line data was necessary for the deal talks to advance. In other words the top-line data says the second trial yielded slightly better results, but the sham arm also yielded better results.
Harvard -- can PCT gross enough to avoid dilution? Is that scenario feasible? Is it just wishful thinking? Why did the former head of that activity get let go/move on in August if PCT was about to ramp-up it's business?
rpn -- don't feel bad... many sectors of the US economy and the companies that occupy that space would've done much better with an econ-competent Presidency. Reagan's degree was in economics. Obama's was a BS in BS. Cheer up. After hearing Hillary inept, pandering blather about medical price controls and Bernie the Socialist's rants, we can always do worse ... and the actors on stage now are a joke.
Cheer up Wegbox, the circus leaves town Jan 17 with Obozo and the rest of the buffoons heading to Reagan Natl in a tricked out clown car. Maybe then we can get someone serious in place to spur business and investment
Avi - your hedge fund boss called. SANW isn't volatile enough for good trading action. You need to move on.
Avi - You're right Glyphosate is a big deal: One interesting use of Glyphosate is to dry wheat before harvest. To help reduce levels of toxic fusarium fungus on wheat, it is good to harvest the wheat as early as possible but you can’t harvest it until it’s dry. So Glyphosate is used to dry (aka kill) the wheat plants so the grain can be harvested. As long as the Glyphosate is sprayed after the plants have fully matured, the Glyphosate won’t be moved from the plant into the seeds. Here, Glyphosate is actually helping farmers prevent a legitimately scary toxin from getting into the food supply.
Thoughts on whether we break $5.25 on this run? The fundamentals suggest alfalfa will have a good quarter based on a scarcer supply of lower quality seeds from Australia. Do the technical win or the fundamentals to push through 5.25?
In other words you are clueless. Sorry you lost so much on the IPO. Perhaps you are the one with the DD issues. Certainly most of your posts are nonsense ... like the on this answers.
"There is growing evidence that glyphosate is geno-toxic and has adverse effects on cells in a number of different ways," Benbrook said. I'll give you one way it has toxic effects on plant cells: IT's A HERBICIDE! Of course it kills plant cells and probably has a number of different ways it does it's thing. So how much are they trying to shake down the NSF and others for research money? If these guys were any good, they would already have research money and wouldn't have to politic on a left-wing rag for funding.
Timing is also right. Wasn't there talk of September being the key date for initial data release (assuming the data was good). Seemed to be necessary condition to start the process from the earlier company update.